Hindustan Copper Ltd
Hindustan Copper Ltd Company History
Hindustan Copper is primarily engaged in the business of mining and processing of copper ore, which has been grouped as a single segment in accordance with the ‘Ind AS 108 - Operating Segments’.
2002
GOI has decided to divest its entire shareholding of 98.95% in the company since the company has incurred an accumulated loss of Rs.4484 million.
The Musabonni Mines and Labour Union (MMLU) has filed a writ petition against the closure of Surda mine of Hindustan Copper Ltd.
2002
2003
CRISIL has placed the outstanding AAA rating assigned to Hindustan Copper Ltd's 15cr Non-Convertible bond programme on rating watch and developing implications.
Hindustan Copper has touched a 52 week-high of Rs.51.10. The CCD has also cleared the way for the disinvestment of the company.
2003
2004
Inks target MoU with the government, fixing its parameters and targets for the fiscal year
2004
2006
Hindustan Copper Ltd (HCL) plans to maximise its copper ingot production and ore mining capacity, entailing an investment between Rs 1,500 crore and Rs 2,000 crore in phases.
2006
2007
Hindustan Copper plans to go for green filed exploration for copper and other mineral categories including gold.
2007
2008
Hindustan Copper received mini-ratna (category-I) status from the government that will give it a free hand in taking decisions on capital expenditure up to Rs 500 crore.
2008
2009
Hindustan Copper Ltd has informed that Sri. R C Sungla has been appointed as Director (Mining) with effect from February 18, 2009 in terms of the Ministry of Mines' order dated February 18, 2009.
2009
2010
Hindustan Copper today announced that its follow-on-public offer (FPO) of about Rs 4,000
HCL granted Prospecting Lease for Baniwali Ki-Dhani in rajasthan
2010
2011
Hindustan Copper pays Rs 46.07 cr as final dividend to Union Ministry of Mines
2011
2012
Hindustan Copper gains over 13% in weak market
Company has approved payment of dividend as recommended by the Board of20%
2012
2013
Hindustan Copper has recommended for payment of 20% dividend i.e. Re. 1.00 per share.
2013
2014
Hindustan Copper has recommended for payment of 20% dividend i.e. Re. 1.00 per share.
2014
2016
"Mines Secretary inaugurates Hind Copper's Nickel plant at Ghatsila".
The Company has executed a Joint Venture Agreement (JVA) on August 30, 2016 with Chhattisgarh Mineral Development Corporation Ltd a Government of Chhattisgarh enterprise, for exploration, mining and beneficiation of copper and its associated minerals in the state of Chhattisgarh.
2016
2019
Hindustan Copper Limited has set up concentrator plant at Rakha.
2019
